Global X NASDAQ 100 Risk Managed Income ETF (QRMI)
| Assets | $11.50M |
| Expense Ratio | 0.60% |
| PE Ratio | 26.54 |
| Shares Out | n/a |
| Dividend (ttm) | $2.15 |
| Dividend Yield | 12.64% |
| Ex-Dividend Date | Nov 20, 2023 |
| Payout Ratio | 333.69% |
| 1-Year Return | -5.46% |
| Volume | 3,821 |
| Open | 16.96 |
| Previous Close | 16.88 |
| Day's Range | 16.95 - 16.99 |
| 52-Week Low | 16.49 |
| 52-Week High | 18.39 |
| Beta | n/a |
| Holdings | 106 |
| Inception Date | Aug 25, 2021 |
About QRMI
Fund Home PageThe Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that holds NASDAQ 100 stocks while employing an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis. QRMI was launched on Aug 25, 2021 and is issued by Global X.
Top 10 Holdings
49.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 11.27% |
| Microsoft Corporation | MSFT | 10.43% |
| Amazon.com, Inc. | AMZN | 5.69% |
| NVIDIA Corporation | NVDA | 4.28% |
| Meta Platforms, Inc. | META | 3.79% |
| Broadcom Inc. | AVGO | 3.11% |
| Alphabet Inc. | GOOGL | 2.92% |
| Alphabet Inc. | GOOG | 2.88% |
| Tesla, Inc. | TSLA | 2.84% |
| Adobe Inc. | ADBE | 2.25% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 20, 2023 | $0.1699 | Nov 29, 2023 |
| Oct 23, 2023 | $0.1674 | Oct 31, 2023 |
| Sep 18, 2023 | $0.1738 | Sep 26, 2023 |
| Aug 21, 2023 | $0.1748 | Aug 29, 2023 |
| Jul 24, 2023 | $0.183 | Aug 1, 2023 |
| Jun 20, 2023 | $0.1829 | Jun 28, 2023 |
News
Query QRMI for Nasdaq-100 Income, Downside Protection
Due to its significant overweight to technology stocks and sizable exposure to other growth names, the Nasdaq-100 Index (NDX) usually isn't thought of as an income seeker's paradise. Additionally, the...
How Options-Based Strategies May Provide Protection
Investors have enjoyed great runs in the equities and fixed-income markets, but with traditional assets hitting new record highs, investors are more susceptible to greater downside risks. Investors ma...
As The Nasdaq 100 Soars to Higher Heights, Get Risk-Managed Income
The Nasdaq 100 keeps on soaring to higher heights, but investors shouldn't fly into the index blindly and hedge accordingly with ETFs like the Global X Nasdaq 100 Risk Managed Income ETF (QRMI). The i...
Global X Launches Six Options-Based ETFs for Current Market Environments
Global X ETFs announced in a press release the launch of six ETFs designed to help investors looking for options-based strategies in a period of low-yield increased volatility. The COVID-19 pandemic h...